The compilation of the annual VAT return – in the presence of extraordinary transactions concluded in the year 2020 or between 1 January 2021 and the deadline for submitting the return – must follow specific rules depending on the variables that characterized the operation: the date in which the transaction took effect, the extinction or not of the assignor, the transfer or not of the VAT balance. We propose a schematic guide to the VAT return in the main cases of extraordinary transactions.
Source: commercialistatelematico.com
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